Ramky Infrastructure in talks to raise Rs 900 crore from assets sale

“The company plans to use the equity amount of Rs 900 crore to clear most of the standalone debt.", a person with direct knowledge of the matter said.



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Global investment in realty sector to reach $45 trillion by 2020

Global investment in the real estate sector is likely to increase 55 per cent to $45.3 trillion by 2020 from $29 trillion in 2012, according to PwC.



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Apartments between Rs 30-60 lakh most preferred: CREDAI

Majority of home buyers opted for mid-range apartments priced between Rs 30 lakh and Rs 60 lakh at the seventh edition of the Fairpro 2014.



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Haryana announces major relief in property tax

Ahead of the Lok Sabha polls, the Haryana government has announced a major relief in the payments of property tax in the municipalities of the state.



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JLL India's PE arm makes maiden real estate investment

JLL) India, has invested Rs. 24 crore in a residential project in Bangalore, the first such transaction made by the global real estate services India firm.



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Kuwait’s Hayat ties up with Chennai firm, to invest $100 million in realty sector

Kuwait’s Islamic investment firm Hayat Invest will invest about Rs 620 cr in realty sector in two years in partnership with Chennai-based residential real estate developer XS Real Group.



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Unitech says servicing LIC loan; to clear it by March-end

Unitech has claimed that it has been regularly servicing the Rs 200-crore loan it had taken from LIC, though they will clear the dues by March-end.



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Mahindra Lifespace buys Gurgaon plot for Rs 472 crore

Mahindra Lifespace Developers has bought a 12-acre land parcel in Gurgaon from PE fund Ireo for Rs 472 crore.



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Malls in Delhi and Mumbai get choosy; opt for short-term leases to take out unpopular stores

Malls are increasingly opting for short-term leases because they’ve realised the need to ensure that unpopular stores get winnowed out.



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Hyderabad tops list of world's 10 least expensive office market

Hyderabad has become the world's most affordable office locations due to rupee depreciation and fall in rentals amid political instability over Telangana.



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Hayat Investment enters Indian real estate business

The two companies, in which Hayat Invest holds the majority stake, have jointly launched a special purpose vehicle , Jacaranda Properties.



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Private equity inflow in realty sector up 13 per cent to Rs 7000 crore: Report

Private equity investment in real estate sector increased by 13 per cent to Rs 7,000 crore last year on higher inflows in the residential segment.



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Indians, Pakistanis make one-third of property brokers in Dubai

There are 336 Indians and 340 Pakistanis operating as real estate brokers in Dubai while the number of British property dealers are said to be 177, the report said.



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MIDC planning to buy Hind Organic plot near Mumbai

​As per the prevailing ready reckoner rate in Rasayani , the land parcel would be valued at around . 700 crore. Gagrani said the strategic location of the land would be of advantage to the MIDC.



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Buying a house? Mitigate risk with possession-linked plan

With sales in the real estate sector slowing down, developers are coming up with a variety of attractive offers to persuade customers to buy.



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DLF sales bookings up 46 per cent to Rs 3,760 crore in April-December

DLF's sales bookings rose 46 per cent to Rs 3,760 crore during April-December period of this financial year despite a slowdown.



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Private equity funds returning to realty space again

Foreign and domestic private equity players are now returning to Indian real estate sector, but with caution and will focus on top six-seven cities.



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Rs 120 cr in tax dues from over 1,000 properties: NDMC

The chairman has warned the defaulters to pay their taxes on time else a strict action would be taken against them under the provisions of the DMC Act.



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Realty companies with foreign investment may buy farm land in India

Ministry pushing for retrospective application of a change proposed in FDI policy for construction sector



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Phoenix Mills launches luxury residential project, Fountainhead in Pune

Located in proximity to the central business district of the city, Fountainhead offers services like concierge, personalized butler, virtual golf and a video gaming room



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Phoenix Mills launches luxury residential project, Fountainhead in Pune

Located in proximity to the central business district of the city, Fountainhead offers services like concierge, personalized butler, virtual golf and a video gaming room



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Over 30 Indian property developers to exhibit in Dubai

The two-day expo is organised by the Dubai-based Yard Real Estate, in association with Indian Properties - a leading realtor from Mumbai.



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Telangana Bill to have minimal impact on realty investment in Hyderabad: Jones Lang LaSalle

The passage of contentious T-Bill in the LS may not have much impact on investment sentiment in realty sector across Hyderabad.



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Silverglades to invest Rs 350cr in Gurgaon housing project

The company would develop 950 apartments in this 17.5 acre project, of which 156 flats would be for elderly people.



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Shapoorji Pallonji to build a new facility in Dubai

Residential developer Shapoorji Pallonji has been appointed the main contractor for a new medical centre based in Dubai Healthcare City.



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Owners of prime property in London confirm sale to Lodha Group

The 1.15-acre property near iconic buildings like the London School of Economics and the Royal Courts of Justice is estimated to have been sold for around 90 million pounds.



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No single window clearance slowing housing sector growth: Mahindra Lifespaces

The housing sector is experiencing a slow growth due to a host of factors such as non-availability of single-window clearance and unnecessary delay.



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Ansal Buildwell to invest $100 million in Bahrain market

Ansal Buildwell signed a MoU with VKL Holdings and group firm Al Namal to explore opportunities of investment in India and Bahrain.



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Indians most active buyers of Dubai property: Survey

Indians have topped the list of Dubai's most active real estate buyers as they view the city in the same league as London, according to a survey.



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Noida plans to slash circle rates

The target revenue for Gautam Budh Nagar for 2013-14 is Rs 1,536.60 cr. However, till January, the department has only managed to earn Rs 1,083 cr.



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Noida plans to slash circle rates

The target revenue for Gautam Budh Nagar for 2013-14 is Rs 1,536.60 cr. However, till January, the department has only managed to earn Rs 1,083 cr.



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Buy your first home by March 31 to avail tax benefit

The benefit under section 80EE can be availed only to buy the first house of a value of Rs 40 lakh, provided the maximum loan amount is Rs 25 lakh.



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Mumbai builder Lodha Group buys second building on Carey Street in London for Rs 1,000 cr

Mumbai builder Lodha Group has bought a second building in London for over 90 million pounds, or around Rs 1,000 crore, in the space of three months.



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Connaught Place eighth costliest office location in world: Report

Connaught Place slipped four notches to become the world's eighth most expensive office location, said property consultant Cushman & Wakefield.



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Kolte-Patil Developers signs two redevelopment projects in Mumbai suburbs

Both Mumbai suburban redevelopment projects has total area of around 600,000 sq ft, the company said in a release.



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Jones Lang LaSalle India's investment arm looks to raise its second real estate fund

Property consultancy firm Jones Lang LaSalle India’s investment arm is looking to raise its second real estate fund with a total target size of around Rs 600 crore.



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Vote on Account 2014: Realtors unhappy with interim budget

"Nothing for the real estate sector. But the message for RBI is right. If other industry moves and economy grows, it will boost housing demand," CREDAI said.



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RP Group plans to invest $1.5 billion in Dubai's realty sector

The diversified R P (Ravi Pillai) Group plans to deploy USD 1.5 billion (5.5 billion dirhams) on real estate development in Dubai.



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State Bank of Patiala issues possession notice to Marg Junction over non-payment of debt

Marg Junction, has been slapped with a possession notice by the State Bank of Patiala for non-payment of debt of Rs 250 cr to a consortium of lenders.



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Cold grips Uttar Pradesh; Najibabad coldest at 3.5 degrees Celsius

Mercury fell in several parts of the Uttar Pradesh with Najibabad recording the lowest night temperature at 6 degrees Celsius.



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DLF cuts net debt by Rs 2,500 crore

India's largest realty firm DLF today said it has reduced net debt by over Rs 2,500 crore to Rs 17,400 crore.



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Vote on account 2014: Reforms, finance may boost realty sector

The real estate sector continues to suffer due to the slower pace of project approvals. These factors also resulted in job losses.



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'Realty market worse than 6 months ago, but hope builds up’

Property markets, including NCR and MMR, have got worse than they were in the last six months and the current mood is pessimistic across all zones.



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Current mood of real estate sector pessimistic across all zones

Property markets, including NCR and MMR, have got worse than they were in the last six months and the current mood is pessimistic across all zones.



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Vote on Account 2014: Indian real estate embracing change in the time of economic revival

The past decade has seen the Indian real estate industry ride on a roller coaster ride through many highs and lows.



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Realty markets get worse, current mood pessimistic: Realty sentiment index

Property market across top markets including National Capital Region and Mumbai Metropolitan Region has deteriorated further compared to last six months.



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Land allotment rates hiked in Greater Noida

Greater Noida Industrial Development Authority has announced a 10.21% hike in the allotment price across all categories of land in the city.



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Build houses on plots or face cancellation of allotment

Landowners in the city will have to either construct on vacant plots within two years or sell them to someone else otherwise the property will be confiscated.



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Ambience to invest Rs 1,800 crore on three new realty projects

Realty firm Ambience Group will invest about Rs 1,800 crore over the next four years to develop an integrated township and two housing projects.



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Piramal, Canada's CPPIB form $500 million realty investment fund

Piramal has formed a strategic alliance with Canada Pension Plan Investment Board to provide rupee debt financing to residential projects in Indian cities.



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Jones Lang LaSalle India's PE arm makes final close of maiden fund

Global real estate services firm Jones LaSalle Indian arm has raised Rs. 161 crore through its first fund focused on residential sector in India.



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